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Choosing a Career
Balancing your Budget
Savvy Shopper
Keeping Score
What's the risk?
100
Self knowledge helps you to make good decisions about your career choice. There are three areas of self knowledge that will help you choose a career that you will enjoy, they are: S_______, I_________,and V________.
What are skills, interests and values. Skills are a person's talents or abilities, interests are a person's preferred activities or hobbies, values are a person's beliefs and ideals.
100
This is a careful plan for spending or saving your money. This will help you manage your money and track your spending.
What is a budget?
100
This is the ability of a consumer to buy goods or services before paying for them, based on an agreement to pay later
What is credit?
100
This is the score, or rating, given to you as a measurement of how well you will be able to pay back loans or debts. C_____ S_____
What is a credit score?
100
This is a policy you can buy to protect your home, car, phone,health, etc. against financial loss or damage.
What is insurance?
200
These are groupings of jobs and industries that are related by knowledge and skills. Some examples are: Architecture and Construction; Education and Training; Health Science; Human Services; Science, Technology, Engineering and Mathematics. These are refered to as C_____ C_______.
What are Career Clusters
200
This the amount you need to spend to pay bills, pay for housing, pay for a car or transportation, pay for food, pay for clothing, pay for entertainment, pay for charitable giving, all the ways you spend your money.
What are expenses?
200
This is a card that allows users to make purchases before paying for the purchase, with the expectation that the money will be paid at a later date, often with interest. With this card, you are spending borrowed cash.
What is a credit card?
200
This is what will happen to your credit score if you always pay your credit card bill on time.
What is : Your credit score will go up?
200
This is the type of insurance you need to help pay for doctor's bills.
What is health insurance?
300
When you choose a career, you need to know what S_____ and E________ that you will need to work in that career. You can obtain the S_____ and/or E________ by attending a college or trade school.
What are Skills and Education?
300
This is the amount you earn from your job (wages) or other sources(investments)
What is income?
300
This is a card that pays for purchases directly from a checking account from money you already have. With this card, you are spending your own cash.
What is a debit card?
300
You run up a huge cell phone bill and can not afford to pay it. Your phone is shut off. This is what happens to your credit score.
What is : Your credit score goes down?
300
If you smoke or are overweight, you will probably pay more for this type of insurance.
What is health insurance?
400
These are two different types of incentives that motivate people to choose certain careers.
What are monetary and non-monetary incentives? Monetary incentive is the financial reward (money) you get from your career. Non-monetary incentive is a reward other than money that you get from your career, such as values, social concerns, helping others, personal interests, or family traditions.
400
This is the next best alternative that you give up when you decide to spend on something else. For example, if you choose to buy new clothes, that money is gone and cannot be spent on your second choice, such as eating out.
What is an opportunity cost?
400
This is a charge for borrowing money, usually expressed as a percentage.
What is interest?
400
You forget to pay your car payment one month. This is what happens to your credit score.
What is : Your credit score goes down?
400
This is the amount you need to pay before the insurance covers the remaining costs.
What is a deductible?
500
This is the result of a decision or an action
What is a consequence? Decisions you make about education or career training beyond high school and the pursuit of a specific career can have lifelong consequences.
500
In order to have a balanced budget, your I____________ must be greater than or equal to your E______________.
What are Income and Expenses? In order to have a balanced budget, your INCOME must be greater than or equal to your EXPENSES.
500
With this card, the amount you owe will increase if you do not pay your entire bill each month.
What is a credit card?
500
Please list at least 3 factors that your credit score is based on.
What are: 1)payment history; paying bills on time 2) How much credit you have compared to how much credit you use 3) How long have you had accounts open, and how often do you use them? 4) Number of credit inquiries 5) Types of credit: loans for things such as homes and cars are secured. Credit cards are not.
500
In order to have a car registered for use, and get license plates, you need to have this type of insurance.
What is automobile or car insurance?